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Cyprus now, are we next?
Dont laugh! Would obama get into our bank accounts if he could? In a flipping second.....yes! He would make the same point, that we are trying to pay down our debt. Even though he says the debt is 'managable'. This guy lies everytime he opens his mouth.
To richard b. Your a fool.I dont get lessons on economy from t.v.......seems like you do.
5 Answers
- AngelmaidenLv 58 years agoFavorite Answer
As soon as the dollar is no longer the world currency the crap will hit the fan...China,Russia ,South Africa and other countries are all making deals on what currency will replace the dollar....it's already starting to happen around the world.There are a lot of places an american credit card and american dollars are no longer excepted!
Wake up America your president is destroying your country! Alot of countries don't trust him and this is the end result because of him!
- Anonymous8 years ago
we are nothing like Cyprus
here we actually pay our taxes ( mostly)
we have credit as long as creditors believe we will repay. we always have and there is no reason what ever that we will not continue to do so.
in the great Depression it was necessary to call a "bank Holiday" to prevent panic and a total collapse
but over 9,000 banks did collapse and the government should have acted much sooner
it is not our debt. the greatest problem is unregulated financial things called derivatives that are bets on bets on bets that total Trillions more than our National product and debt combined.
learn some economics
there are TV shows about it
but you have to think!
Source(s): false premise - Anonymous8 years ago
yes that's what Obama wants to do so he can keep supplying the Brothers with free food and housing
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